JPY strengthened slightly against the dollar despite the BOJ kept interest rates unchanged at 0.5% with a unanimous 9-0 vote coupled with weaker U.S equity markets.
TECH VIEW
Yen chart pattern indicates the currency be on downtrend and expected to trade between 100.30-102.10.stochastic indicates the currency to move downside. The currency has its support at 100.20 levels and resistance at 102.20.overall technicals indicate the currency to be downside for near term.
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